Name: Human Resources: The Assets of an Economy
Uploaded: 2019-07-19
Duration: 5 min 44 s
Description: We usually think of resources as things we get from nature. But did you know humans can be resources too?

Question

Distinguish between disguised unemployment and seasonal unemployment.

Accepted Answer

Disguised Unemployment Seasonal Unemployment

Disguised unemployment means more people are engaged in a particular work than required. Therefore, even if some men are relieved from their work, the total productivity will not decline.
Seasonal unemployment means when people work during some months and during the remaining months, they are unemployed.

For example, work in an agriculture plot requires the services of five persons, but 8 people are engaged. The three people are extra, and they are disguisedly unemployed because the contribution made by them do not add to the total contribution.

For example, in agriculture, people work for nearly five to seven months, during the sowing and harvesting seasons, but after this, they remain unemployed.

Distinguish between disguised unemployment and seasonal unemployment.

Important Questions on Human Resources

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